Brave Health, a Miami, FL-based virtual mental health company, raised $40M in series C funding.
The round was led by Town Hall Ventures, with participation from Union Square Ventures, and City Light Capital.
The company intends to use the funds to continue to build the technology and data infrastructure that powers their patient engagement and outcomes engine, as well as to further expand into new states and accelerate the closing and activation of new contracts in the 18 states in which they operate.
Led by CEO Anna Lindow, Brave Health is a virtual mental health provider and engagement platform focused on serving Medicaid populations. The company offers outpatient services like therapy, psychiatry, and peer support for mental health conditions through its platform. Its 200+ health plan contracts cover over 65M lives across 18 states, including Florida, New York and Texas.
The organization now serves over 65M covered lives across more than 200 health plan contracts.
